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SOLD
MLS: 201900774
 
Asking Price: $1,950,000 FS - Fee Simple
Sold Price: $1,875,000
Sold Date: 03/01/2019
Type: Multi-Family
District: Metro
Address: , Honolulu, HI
Neighborhood: Makiki Area
Land Area: 9,375 SF
View: City
Parking: Assigned
Amenities: A/C
Days on Market: 1905
Year Built: 1970
Zoning: 12 - A-2 Medium Density Apartm
Land Recorded: Land Court
Property Taxes: $489,.50
Assessed Value: $1,678,800,.00
Assessed Ratio: 116.15%
Listing Courtesy: Standard Management LLC
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EXCELLENT LOCATION only 2 blocks from Punahou School. GROSS INCOME OF $9,100/MO. Turnkey investment includes the BULK SALE of 6 fully renovated fee simple condominium units with new cabinets, fixtures, flooring, lighting, painting, and vanities. 8 parking makes it better than 1 for 1 parked! Offering represents 50% of the 12 units within the project. Solid CMU construction, and a large land area make it an excellent long-term investment opportunity. Condos can be resold individually as a viable long-term exit strategy.


 
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